Dear All,

Please suggest what amount of deduction would be allowable for interest on loan for house property as per section 24 when the same property is self occupied and let out. Suppose interest amount is Rs. 300000 then under self occupied max limit is 150000/- and for let out there is no limit. hence whole 300000/- is deductible !!! is it so or some different treatment please suggest.

hello..
can u tell me the reason that why the cess is being leveied on the tax amount??

dear sir/madam
I applied for articleship registration in the month of march 2014. But today(21-04-2014) I received a letter stating that my registration is kept pending as I didnot register for ca final.Sir if i register now for ca final by paying dd Rs10000, will this delay my ca final attempt? when can i give my attempt for ca final

PLEASE TELL ME HOW TO SHOW IN THE SERVICE TAX RETURN IN CASE EXCESS OF SERVICE TAX IS DEPOSITTED IN THE MONTH OF MARCH,2014 SO THAT THE EXCESS AMOUNT CAN BE CARRIED FORWARD TO THE NEXT PERIOD

1. The borrower group is habitually diverting the funds arranged under one entity to the proprietor or to the other related entities disregarding the conditions of the sanction.
2. The repayments under one credit facility have been made by using the borrowed funds under the other facility/entity.



Q. On the basis of diversion of fund Account is NPA ?

pls reply (brijkishor@vkgc.com)

Thanks
Brij

Dear all,
i have a query regarding the direct entry scheme .iam a bcom graduate .my last semester result is pending.Shall i want to wait until my graduation result has come ?? is there any option available to register for the direct entry

Assessee gross receipt from eligible business is 15.00 lacs (all receipts through bank) and expenses are say 10.00 lacs (all expenses through bank). Is it possible to still show a income if 8% i.e 1.2 lacs or will he have to calculate his income which would be 5.00 lacs.

last year closing balance its not matching this year opening, kindly let us know how to match

Thanks
patil

Dear Sir,
As per Mega Exemption Notification Point No.13 refers costruction, Repairing, erection, fitting out of Road, Tunnels, Brides, Terminals for transportation of roads for general public will be exempt.

Is Any Road making other than Govt. Company such as road making within a housing complex or within a factory fail within the above definition?

I mean any private co. construct or repair a road within a housing complex, school or factory get exemption rule 13 of 25/2012-ST dt. 20-06-2012?

hi
could any1 please provide me final CA may14 series 1 and 2 question papers with solutions.